Silver Lake Condominiums
Great schools with outdoor access
Median $420K·Walkability 2.6/10·Schools 9.3/10
...so you're looking at 34 acres of condos where homes run around $425K, which lands you about 26 minutes from downtown Grand Rapids if traffic cooperates. Balk Family County Park is a five-minute walk away, and Silver Lake itself sits less than a mile off, so you're not entirely landlocked despite the suburban feel. The nearest grocery store is about a mile and a quarter out, with six options within two miles if you want to shop around, and restaurants cluster in roughly the same radius. Gerald R. Ford Airport is 34.5 minutes away, which matters if you travel regularly. Kids here feed into Rockford Public Schools, and the whole setup sits within the Rockford Village Builders Plat Area, which is to say it's a planned community that knows what it is — not pretending to be a downtown loft or a rural estate, just condo living with reasonable access to what you actually need.
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Why people love it here
Lakes Elementary School
- Elementary — 0.4 mi away
- Rockford
- 5 rated schools in district
Near the water
- Sunfish Lake — 0.6 mi
- 6 parks within 1 mile
- Cannon Trail: 5 min bike
- Little Bostwick Lake: 5 min bike
$420K median
- 5 sales in last 12mo
Notable nearby
Conventional Mortgage Calculator
Median home price in Silver Lake Condominiums
Estimated Monthly Payment
$2,851/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
5 homes sold in Silver Lake Condominiums this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 8/10 to 10/10
School District: Rockford Public Schools
Flood Risk
None
Not in flood zone
Nearest Park
Balk Family County Park
0.2 mi
Parks Nearby
6
within 1 mile
Nearest Lake
Sunfish Lake
0.6 mi
Median Sale Price
$420K
5 sales in last 12mo
Complex Size
34.0 ac
Expected Rent
$1,650/mo
$1,450 – $1,850 · wider-area estimate
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Ric's Food Center
Aunt Belle's Kitchen
+1 more
Biggby Coffee
Timbers Inn Restaurant & Tavern
+1 more
Unnamed playground
Little Bostwick Lake
Unnamed beach
Cannon Trail
Unnamed bike_path
Rockford - Rogue River Launch
gym
Krause Memorial Library
Crime in Silver Lake Condominiums is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Kent County.
Kent County crime & safety stats →To buy a median-priced Silver Lake Condominiums home (around $420,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $75k/year in household income to qualify — an estimated monthly payment of $2,829 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,829/mo | $75,440 |
| 10% (+PMI) | $3,256/mo | $86,830 |
| 5% (+PMI) | $3,400/mo | $90,658 |
Estimates use a 6.65% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Homeowners Association
Silver Lake Condominiums
Managed by Scott M. Gerow
Source: grar · unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$871/yr in electricity from a typical rooftop solar system
Produces ~6,355 kWh/yr · offsets ~61% of a typical home's use
Private well (limited municipal water)
Largely rural on private well; utility billing 616-874-6966.
North Kent Sewer Authority (serviced areas); septic rural
Member of North Kent Sewer Authority (PARCC Side Clean Water Plant) with Rockford/Alpine/Courtland/Plainfield; rural on septic.
Resident-arranged private hauler
Services for Cannon Township · Source: cannontwp.gov
Utility, solar, and service details for Silver Lake Condominiums are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(5)
+2 more within 5 miles
🍕 Restaurants(10)
Aunt Belle's Kitchen
Restaurant
Bostwick Lake Inn
Restaurant
Arena's Pizza Bostwick Lake
Restaurant
Meltworks
Restaurant
Pizzeria Grande
Restaurant
+5 more within 5 miles
☕ Coffee(9)
+6 more within 5 miles
🍺 Bars(9)
+6 more within 5 miles
🏫 Schools(8)
Lakes School
East Rockford Middle School
School
Crestwood School
Moffitt Hill School
+3 more within 5 miles
💪 Gyms(3)
Fitness Center on Unnamed
Fitness Center
Fitness Center
MVP Fitness
Fitness Center
🌳 Parks(5)
+2 more within 5 miles
🚴 Trails(4)
Bike Path
Bike Path
Unnamed bike_path
Bike Path
Rockford Village Builders Plat Area Trail
Bike Path
+1 more within 5 miles
⛵ Boat Launches(1)
Boat Launch
📚 Libraries(1)
Krause Memorial Library
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Silver Lake Condominiums? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Silver Lake Condominiums
- What do homes cost in Silver Lake Condominiums?
- The median home value in Silver Lake Condominiums is about $420,000. Individual prices vary by street, size, and condition.
- How active is the Silver Lake Condominiums housing market?
- there are 2 homes for sale in Silver Lake Condominiums right now, and 5 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Silver Lake Condominiums?
- Silver Lake Condominiums is served by Rockford Public Schools. Its highest-rated assigned school is Lakes Elementary School (10/10).
- Is Silver Lake Condominiums walkable?
- Silver Lake Condominiums scores 2.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.